ProShares Short S&P500 (SH) Shares Sold by Morgan Stanley

Morgan Stanley trimmed its stake in shares of ProShares Short S&P500 (NYSEARCA:SH) by 17.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,454,685 shares of the real estate investment trust’s stock after selling 297,250 shares during the period. Morgan Stanley’s holdings in ProShares Short S&P500 were worth $39,742,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Murphy Capital Management Inc. acquired a new stake in shares of ProShares Short S&P500 during the third quarter worth $218,000. First Republic Investment Management Inc. acquired a new stake in shares of ProShares Short S&P500 during the third quarter worth $273,000. Oxbow Advisors LLC raised its holdings in shares of ProShares Short S&P500 by 19.2% during the third quarter. Oxbow Advisors LLC now owns 11,192 shares of the real estate investment trust’s stock worth $306,000 after acquiring an additional 1,805 shares during the period. Cornerstone Wealth Management LLC bought a new position in ProShares Short S&P500 in the third quarter valued at $402,000. Finally, Chicago Capital LLC bought a new position in ProShares Short S&P500 in the third quarter valued at $416,000.

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 3rd. Investors of record on Thursday, December 27th were given a $0.0919 dividend. This represents a $0.37 dividend on an annualized basis and a yield of 1.22%. The ex-dividend date was Wednesday, December 26th.

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ProShares Short S&P500 Profile

ProShares Short S&P500 (the Fund) seeks daily investment results that correspond to the inverse (opposite) of the daily performance of the S&P 500 Index (the Index). The S&P 500 Index is a measure of large-cap United States stock market performance. It is a capitalization weighted index of 500 United States operating companies and selected real estate investment trusts.